Economic data

Fed hikes interest rate by 75bps, flags weakening economic data

WASHINGTON: The Federal Reserve raised its benchmark overnight interest rate by three-quarters of a percentage… Read More

China punishes local officials for falsifying economic data

China has punished a number of local officials with demotions or dismissal for falsifying economic… Read More

Economic data, healthcare shares pressure Wall Street

U.S. stocks edged lower on Thursday after a recent run of gains, pressured by weak… Read More